Vedanta Ltd shares fell 3% on Thursday, October 08, 2026, as the market awaited the company’s board meeting later that day. The stock slid as much as 2.8% to ₹254.05 on the NSE. Investors were cautious ahead of the board’s decision to consider and approve a First Interim Dividend on equity shares for the Financial Year 2026-27. The record date for determining entitlement, if declared, is set for Wednesday, October 14, 2026.

Vedanta had declared three interim dividends totalling ₹34 per share in FY26, with payouts amounting to around ₹13,293 crore. In the quarter ended June 2026 (Q2 FY27), the mining conglomerate reported a 71.8% rise in consolidated net profit to ₹5,473 crore, driven by higher sales amid rising global metal prices and a lower rupee exchange rate. The year‑ago period saw a consolidated net profit of ₹3,185 crore.

Revenue from operations during the first quarter of FY27 rose by 53.6% to ₹24,205 crore from ₹15,754 crore logged a year ago. Expenses during the reporting quarter rose to ₹17,558 crore from ₹13,203 crore recorded in the year‑ago period. Executive Director Arun Misra said, “We have delivered a strong start to FY27, with robust performance across all business segments of demerged Vedanta… This consistent operational execution across our portfolio reflects the strength of our underlying asset base and our continued focus on volume growth, cost efficiency and value creation.”

CFO Ajay Goel added that the demerger is unlocking significant shareholder value, with the combined market cap of the resulting companies growing by over ₹71,000 crore in the first quarter. He noted that operations PAT rose to ₹5,294 crore, up 152% YoY, and EBITDA to ₹8,469 crore, up 98% YoY. The board approved the re‑appointment of Misra as an Executive Director and additionally designated him as Chief Executive Officer for one year effective from August 1, 2026, subject to shareholder approval. The board also approved the demerger of its real estate business to unlock value.

The board’s decisions were reported with inputs from PTI. The article includes a disclaimer stating that it is purely for informational purposes and should not be considered investment advice. Investors are advised to consult a financial advisor before making any investment decisions. Vedanta shares had slipped to ₹254.05, a 2.8% decline, ahead of the Thursday, October 08, 2026 board meeting in the Indian market for all investors.